| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.1B | 3.8% | 30.9% |
| Op. Income | -$95M | $9M | -$52M | -1114.6% | -81.5% |
| Gross Margin | 39.6% | 55.7% | 52.7% | -16.2pp | -13.1pp |
| Net Margin | -57.2% | -7.4% | 1.4% | -49.9pp | -58.6pp |
| EPS (Diluted) | $-11.61 | $-1.43 | $0.21 | -711.9% | -5628.6% |
| Free Cash Flow | $0 | $0 | -$124M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $873M |
| GROSS PROFIT | $571M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $666M |
| Other Expenses | $0 |
| Operating Expenses | $666M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$95M |
| Interest Income | $35M |
| Interest Expense | $3M |
| Other Income/Expenses | -$434M |
| INCOME BEFORE TAX | -$529M |
| Income Tax Expense | $310M |
| Net Income from Continuing Ops | -$839M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$827M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$827M |
| D&A | $0 |
| EBIT | -$95M |
| EBITDA | -$95M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$827M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $760M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $1.6B |
| Net Receivables | $16M |
| Inventory | $26M |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $1.9B |
| Goodwill | $63M |
| Intangible Assets | $236M |
| Long-Term Investments | $558M |
| Tax Assets | $20M |
| Other Non-Current Assets | $227M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $171M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $132.0K |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $214.0K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$295M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | -$19M |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $3.8B |
| Net Debt | $447M |
